FHA and a Major Lender in North Florida lowers FICO Score Requirements to 500
This is some great news, Finial we have an option for Home buyers with less then perfect credit scores, From what I understand if your credit score is from 500 - 579 you will need 10% down , 578 - 619 5% and over 620 will be 3.5% down, all other rules apply
- DTI (Debt to Income Ratio)
- Loan Amount
If you need to know more please contract me and I will put you in touch with my local contact